Nuggets and Latpay Bring Blockchain-Powered Payments to Global Merchants
Nuggets, the blockchain-powered decentralised digital identity and payments company has announced a partnership with Lateral Payment Solutions, who will integrate the interface into their globally connected payment platform, to deliver next generation innovative technology to their merchants.
The integration of Nuggets’ technology with existing payment rails will mean merchants utilising the Lateral Payments Solutions platform no longer have to access or store customers’ personal data. It will also remove the need for usernames and passwords, and the need to store personal information with third parties.
Since 2001 Lateral Payment Solutions has processed millions of transactions, across an extensive and diverse merchant portfolio. The integration with Nuggets will involve connecting the payment gateway via merchant digital identity to avoid the need for usernames and passwords – made possible by Nuggets’ blockchain solution. Nuggets will continue to facilitate ‘anything, anytime, anywhere’ payments for Lateral Payments Solutions, building upon their existing technology base.